Homework Answers
| Date | General Journal | Debit | Credit |
| May 1 | Petty Cash | $200 | |
| Cash | $200 | ||
| May 31 | Office Supplies | $81 | |
| Delivery Expense | $36 | ||
| Postage Expense | $54 | ||
| Miscellaneous Expense | $9 | ||
| Cash Short and Over | $2 | ||
| Cash | $182 |
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nation Cash To increase the petty cash fund, Debit Credit Petty Cash - Had the Petty...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210.00. 15 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $3.20 in cash and these petty cash receipts: freight-out $74.60, entertainment expense $35.50, postage expense $33.00, and miscellaneous expense $62.40. 16 Increased the amount of the...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210.00. 15 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $3.20 in cash and these petty cash receipts: freight-out $74.60, entertainment expense $35.50, postage expense $33.00, and miscellaneous expense $62.40. 16 Increased the amount of the...
Kael Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August.
Problem 7-03A a-b Kael Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $200.00. 15 Replenished the petty cash fund by writing a check for $175.00. On this date, the fund consisted of $25 in cash and these petty cash receipts: freight-out $74.40, entertainment expense $36.00, postage expense $33.70, and miscellaneous expense $27.50. 16 Increased the amount of...
Crane Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of Augus...
Crane Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $200. 15 Replenished the petty cash fund by writing a check for $197.00. On this date, the fund consisted of $3.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $45.00, postage expense $40.00, and miscellaneous expense $19.00. 16 Increased the amount...
4. (15 Points). Feathers Co. established a petty cash fund of $150 on October 1. On...
4. (15 Points). Feathers Co. established a petty cash fund of $150 on October 1. On October 10 the petty cash fund was replenished when there was $49 remaining and there were petty cash receipts for: office supplies, $47; transportation-in on inventory purchased, $32; and postage, 522. On October 15, the petty cash fund was decreased to $125 in total. Record the above transactions in general journal form. Date Debit Credit
Petty Cash Problem On September 6, Trimen Industries decided to employ a Petty Cash fund for...
Petty Cash Problem On September 6, Trimen Industries decided to employ a Petty Cash fund for small expenses. A check of $ 150 was issued and cashed by the fund custodian. The $ 150 cash was given to the fund custodian. The custodian was instructed to to obtain docu- mentation for all payments. Petty Cash was to be replenished when the balance in the cash box fell below $ 25. Directions: record the following transactions... (a) Record the the establishment...
Problem 8-03A a-b (Part Level Submission) (Video) Concord Company maintains a petty cash fund for small...
Problem 8-03A a-b (Part Level Submission) (Video) Concord Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $205. 15 Replenished the petty cash fund by writing a check for $200.00. On this date, the fund consisted of $5.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $47.00, postage expense $4260, and...
Problem 8-03A a-b (Video) Sunland Company maintains a petty cash fund for small expenditures. These transactions occurr...
Problem 8-03A a-b (Video) Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 15 Repleniehed the each fund $47.10, postage expense $43.50, and miscellaneous expense $11.40. 16 Increased the amount of the petty cash fund to $305 by writing a check for $105.00. Established the petty cash fund by writing a check payable to the petty cash custodian for $200. .... check for $196.70. On this date. the fund consisted...
CROBLEM II: RECORDING PETTY CASH TRANSACTIONS (10 POINTS Brown Company established a petty cash fund for...
CROBLEM II: RECORDING PETTY CASH TRANSACTIONS (10 POINTS Brown Company established a petty cash fund for $300 on September 1, 20xx. On September 30. the petty can rund was replenished when there was $20 of currency remaining in the cashbox along with receipts for: meals of $78; postage of $62; and repairs of $140. On October 24, the petty cash fund was increased to $500 in total Record the above transactions in the general ioural. Include the date, account names...
Patel Enterprises established a petty cash fund on August 3 superscriptrd, 2012 with $200. Over the past few years, as P...
Patel Enterprises established a petty cash fund on August 3
superscriptrd, 2012 with $200. Over the past few years,
as Patel has grown, the fund has been replenished too often.
Therefore, management would like to increase the size of the petty
cash fund to $400 on August 31 superscriptst, 2015. As
of August 15 superscriptth, 2015, the fund was
replenished. Between August 16 superscriptth and August
31 superscriptst, the following transactions were
reimbursed:
If the cash in the petty cash...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210.00. 15 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $3.20 in cash and these petty cash receipts: freight-out $74.60, entertainment expense $35.50, postage expense $33.00, and miscellaneous expense $62.40. 16 Increased the amount of the...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210.00. 15 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $3.20 in cash and these petty cash receipts: freight-out $74.60, entertainment expense $35.50, postage expense $33.00, and miscellaneous expense $62.40. 16 Increased the amount of the...
Problem 7-03A a-b Kael Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $200.00. 15 Replenished the petty cash fund by writing a check for $175.00. On this date, the fund consisted of $25 in cash and these petty cash receipts: freight-out $74.40, entertainment expense $36.00, postage expense $33.70, and miscellaneous expense $27.50. 16 Increased the amount of...
Crane Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $200. 15 Replenished the petty cash fund by writing a check for $197.00. On this date, the fund consisted of $3.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $45.00, postage expense $40.00, and miscellaneous expense $19.00. 16 Increased the amount...
4. (15 Points). Feathers Co. established a petty cash fund of $150 on October 1. On October 10 the petty cash fund was replenished when there was $49 remaining and there were petty cash receipts for: office supplies, $47; transportation-in on inventory purchased, $32; and postage, 522. On October 15, the petty cash fund was decreased to $125 in total. Record the above transactions in general journal form. Date Debit Credit
Petty Cash Problem On September 6, Trimen Industries decided to employ a Petty Cash fund for small expenses. A check of $ 150 was issued and cashed by the fund custodian. The $ 150 cash was given to the fund custodian. The custodian was instructed to to obtain docu- mentation for all payments. Petty Cash was to be replenished when the balance in the cash box fell below $ 25. Directions: record the following transactions... (a) Record the the establishment...
Problem 8-03A a-b (Part Level Submission) (Video) Concord Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $205. 15 Replenished the petty cash fund by writing a check for $200.00. On this date, the fund consisted of $5.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $47.00, postage expense $4260, and...
Problem 8-03A a-b (Video) Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 15 Repleniehed the each fund $47.10, postage expense $43.50, and miscellaneous expense $11.40. 16 Increased the amount of the petty cash fund to $305 by writing a check for $105.00. Established the petty cash fund by writing a check payable to the petty cash custodian for $200. .... check for $196.70. On this date. the fund consisted...
CROBLEM II: RECORDING PETTY CASH TRANSACTIONS (10 POINTS Brown Company established a petty cash fund for $300 on September 1, 20xx. On September 30. the petty can rund was replenished when there was $20 of currency remaining in the cashbox along with receipts for: meals of $78; postage of $62; and repairs of $140. On October 24, the petty cash fund was increased to $500 in total Record the above transactions in the general ioural. Include the date, account names...
Patel Enterprises established a petty cash fund on August 3
superscriptrd, 2012 with $200. Over the past few years,
as Patel has grown, the fund has been replenished too often.
Therefore, management would like to increase the size of the petty
cash fund to $400 on August 31 superscriptst, 2015. As
of August 15 superscriptth, 2015, the fund was
replenished. Between August 16 superscriptth and August
31 superscriptst, the following transactions were
reimbursed:
If the cash in the petty cash...
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